Facebook Reaches IPO Price

John Shipman joins Rolfe Winkler with a look at today's market action, including three stocks to watch. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... it's there ... really almost motionless awaiting the Federal Open Market Committee statement later today ... it's a futures are flat John Shipman ... come in right now aren't you going so ... right couple things off the top that we had used ... the ADP Essendon private ... July payrolls and we had the two Q GDP report ... will cover more of a better than expected ADP we were expecting hundred eighty three thousand would get two hundred two hundred sold ... I'm the knee-jerk reaction to that stock futures was just as a little bit lower ... so we got the news is bad news right exactly going to believe that the two Q GDP report which was also much better than expected it came in at one point seven percent ... the expectation has about zero point nine exactly insights saw some as low as the no zero point five so ok so is much ... more solid than expected and again ... futures soared when a little below or you ... may think that to ... read between lines ... he can come to think that the market is ... to think of the Fed might ... ALM that this is just it in other words ... the push to bed to the reprints beat you with this new BBQ we really need to look for is a ... princess the ADP report GDP is important the eighteen years less important than the jobs report ... for getting this right is already looking for that ... let's move on to three stocks were looking at Facebook as an interesting milestone and it made Claps bits are threatening ... to give up the back four cents yesterday ... it was about six or seven cents the way ... home last item ... from its thirty dollar IPO price and I think I can Lightyear right now are looking to free markets ... two cents above the okay to go up the dollars ... it would happen ... so obviously the story there the much better mobile ... on business ... owners and so ... that's the that's a psychological level ... their next act of FedEx EFX aam ... tacking onto when Emily just talking about with um Ackman there were rumors that ... FedEx might be the industrial ... company that he would make a big for ... the big investment in or take pics taken ... the band are about to be your Prada ... Noire frocks and so some of the year actually is leaking out of the Texas years it's not even very good ... is that not a thing of the gunfire you from your Generali lens removal last I looked it was about one percent but ... some that some premium that had been built and is coming I get thirty seconds last ... that Last aka Riverbed several technologies in use for the disaster of the morning of the stock was down about seventeen percent ... premarket after a disappointing ... revenue numbers in its two Q is a networking company ... that has a very volatile history of the surrounding its earnings and so ... on it it had recovered about eighteen percent on the body two percent since its for one two points in April ... and that basically given all that fact today ... is trying to free him up an acquisition of ... Opnet ... born into some difficulties there ... and some weakness on their federal auto option in this this John Shipman thank so much for joining us ...